Population 13,790 · Census ACS 2020–24
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Population and households in Speedway
Household size in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.05 | 2.60 | 2.57 | 2.68 |
| 2010–14 | 2.15 | 2.63 | 2.59 | 2.73 |
| 2015–19 | 2.40 | 2.63 | 2.57 | 2.71 |
| 2020–24 | 2.28 | 2.59 | 2.54 | 2.65 |
| Change | +0.23 | −0.01 | −0.03 | −0.03 |
Households in Speedway are small: just 2.28 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has climbed from 2.05 in 2006–10, even as the national average fell. Of the 187 Indiana cities with 5,000+ people, only 13 have smaller households.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 37.1 | 36.3 | 37.5 | 37.7 |
| 2010–14 | 37.9 | 37.0 | 38.4 | 38.6 |
| 2015–19 | 35.4 | 37.7 | 39.1 | 39.6 |
| 2020–24 | 35.3 | 38.2 | 39.3 | 40.1 |
| Change | −1.8 | +1.9 | +1.7 | +2.3 |
With a median age of just 35.3, Speedway is far younger than the country as a whole (40.1), a population that tilts toward young adults, many of them living alone or as couples. The median age has dropped from 37.1 in 2006–10, even as the national median rose. Of the 187 Indiana cities with 5,000+ people, only 18 are younger.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 14.2% | 12.7% | 11.8% | 12.3% |
| 2010–14 | 11.4% | 12.8% | 12.0% | 12.3% |
| 2015–19 | 15.6% | 12.0% | 11.6% | 11.6% |
| 2020–24 | 9.9% | 11.8% | 11.7% | 11.6% |
| Change | −4.3 pts | −0.9 pts | −0.1 pts | −0.6 pts |
Single parents head about one in ten households in Speedway (9.9%), a little below the national share of 11.6%. The single-parent share is down 4.3 points from 2006–10, a much bigger shift than nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Speedway
Renters in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 49.7% | 31.4% | 28.5% | 33.3% |
| 2010–14 | 54.7% | 34.2% | 30.5% | 35.6% |
| 2015–19 | 54.8% | 34.8% | 30.9% | 36.0% |
| 2020–24 | 53.4% | 33.2% | 29.4% | 34.8% |
| Change | +3.6 pts | +1.8 pts | +1.0 pts | +1.5 pts |
Most households in Speedway rent: 53.4% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. Among homeowners, 36.9% have no mortgage at all, about the same as nationally. The renter share is up 3.6 points from 2006–10, mirroring the country.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 14.6% | 11.2% | 11.2% | 11.4% |
| 2010–14 | 15.4% | 10.6% | 11.2% | 11.4% |
| 2015–19 | 11.5% | 9.6% | 10.9% | 11.1% |
| 2020–24 | 7.7% | 8.0% | 9.3% | 9.6% |
| Change | −6.9 pts | −3.2 pts | −2.0 pts | −1.8 pts |
Vacancy is on the low side in Speedway: 7.7% of homes sit empty, against 9.6% nationally, which points to steady demand for housing. That is in line with the rest of the Indianapolis area. Vacancy has fallen 6.9 points since 2006–10, a much bigger shift than nationally.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 1962 | 1978 | 1972 | 1974 |
| 2010–14 | 1962 | 1979 | 1973 | 1975 |
| 2015–19 | 1964 | 1980 | 1974 | 1977 |
| 2020–24 | 1966 | 1982 | 1977 | 1980 |
| Change | +3 | +5 | +5 | +6 |
Speedway is a place of older homes: half were built before 1966, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The median year built has moved up from 1962 in 2006–10, a sign of steady new building. The newest homes are mostly in the west, the oldest in the southeast.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | $718 | $877 | $763 | $965 |
| 2010–14 | $759 | $946 | $819 | $1,040 |
| 2015–19 | $865 | $1,060 | $903 | $1,213 |
| 2020–24 | $1,168 | $1,368 | $1,146 | $1,571 |
| Change | +$450 | +$492 | +$384 | +$606 |
A typical rental in Speedway costs $1,168 a month with utilities, well below the national median of $1,571. Rents are up $450 a month from 2006–10, a 63% jump, roughly in step with the nation. The typical renter here spends 27.7% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally. Rents run highest in the northwest and lowest in the center.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Speedway
Bachelor's degrees in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 23.0% | 30.9% | 23.8% | 28.4% |
| 2010–14 | 24.5% | 31.8% | 24.6% | 29.6% |
| 2015–19 | 30.1% | 35.2% | 27.1% | 32.1% |
| 2020–24 | 33.2% | 38.6% | 30.0% | 35.6% |
| Change | +10.2 pts | +7.7 pts | +6.2 pts | +7.2 pts |
College degrees are about as common in Speedway as nationally: 33.2% of adults 25 and older have a bachelor's or higher, against 35.6%. The share is lower than in the wider Indianapolis area (38.6%). Since 2006–10, the share with a degree has risen 10.2 points, mirroring the country.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 89.1% | 88.1% | 86.5% | 84.9% |
| 2010–14 | 86.9% | 88.9% | 87.7% | 86.1% |
| 2015–19 | 90.1% | 89.6% | 88.7% | 87.7% |
| 2020–24 | 89.5% | 90.8% | 89.9% | 89.3% |
| Change | +0.4 pts | +2.8 pts | +3.4 pts | +4.3 pts |
High school completion in Speedway is close to the national rate: 89.5% of adults have a diploma or equivalent, against 89.3%. The share with a diploma has barely moved since 2006–10, while the national rate rose.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Speedway
| Period | Speedway | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.7% | 7.9% | 8.4% | 8.1% |
| 2010–14 | 9.7% | 9.0% | 8.9% | 9.4% |
| 2015–19 | 5.7% | 4.9% | 4.9% | 5.6% |
| 2020–24 | 4.9% | 4.1% | 4.3% | 5.4% |
| Change | −2.7 pts | −3.7 pts | −4.1 pts | −2.7 pts |
At 4.9%, unemployment in Speedway is close to the national rate of 5.4%. The rate is higher than in the Indianapolis area overall (4.1%). Unemployment is down 2.7 points from 2006–10, in line with the national trend.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Speedway compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Speedway | 2.28 | 35.3 | 9.9% | 53.4% | 7.7% | 1966 | $1,168 | 33.2% | 89.5% | 4.9% |
| Clermont | 2.68 | 39.3 | 10.6% | 16.2% | 3.4% | 1980 | $1,483 | 37.7% | 95.1% | 1.3% |
| Rocky Ripple | 2.07 | 41.4 | 9.7% | 21.4% | 14.1% | 1952 | $1,576 | 55.4% | 97.8% | 2.4% |
| Indianapolis area | 2.59 | 38.2 | 11.8% | 33.2% | 8.0% | 1982 | $1,368 | 38.6% | 90.8% | 4.1% |
| Avon | 2.66 | 40.4 | 12.1% | 19.6% | 5.6% | 2002 | $1,520 | 40.1% | 93.7% | 2.9% |
| Brownsburg | 2.85 | 37.7 | 10.5% | 19.2% | 4.9% | 1998 | $1,587 | 49.4% | 95.8% | 2.1% |
| Meridian Hills | 2.53 | 50.3 | 3.5% | 6.1% | 2.5% | 1959 | $2,184 | 80.1% | 99.5% | 4.2% |
| Williams Creek | 2.85 | 46.9 | 3.0% | 8.3% | 3.8% | 1957 | $2,313 | 83.5% | 100.0% | 3.9% |
| Plainfield | 2.59 | 39.4 | 10.9% | 33.8% | 5.8% | 1994 | $1,510 | 33.1% | 88.9% | 3.5% |
| Royalton | 2.64 | 52.4 | 2.6% | 9.9% | 6.3% | 1990 | $1,474 | 42.4% | 94.8% | 3.0% |
| Tilden | 2.77 | 39.1 | 2.9% | 2.8% | 1.3% | 1995 | $996 | 42.0% | 95.9% | 0.3% |
All figures 2020–24.
Cities with similar populations: Troy, IL · Columbia, IL · Columbia, MS · Cortez, CO · Country Club, CA · Thomson, GA · Thonotosassa, FL · Tolland, CT · Town and Country, MO · Townsend, DE
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Speedway. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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